Virgin Galactic director buys 20,000 SPCE shares
Virgin Galactic Holdings director Diana S. Strandberg bought 20,000 shares of common stock in an open-market purchase at a weighted average price of $2.489 per share.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Virgin Galactic Holdings director Diana S. Strandberg bought 20,000 shares of common stock in an open-market purchase at a weighted average price of $2.489 per share. After this transaction, she directly owns 70,930 shares of Virgin Galactic common stock.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
1 txn
Insider
Strandberg Diana S.
Role
Director
Bought
20,000 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $2.489 | $50K |
Holdings After Transaction:
Common Stock — 70,930 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were purchased in separate transactions at prices ranging from $2.485 to $2.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the price range set forth in this footnote.
Key Figures
Shares purchased: 20,000 shares
Weighted average price: $2.489 per share
Price range: $2.485–$2.49 per share
+1 more
4 metrics
Shares purchased
20,000 shares
Open-market purchase of Virgin Galactic common stock
Weighted average price
$2.489 per share
Average price paid for the 20,000-share purchase
Price range
$2.485–$2.49 per share
Range of individual trade prices noted in footnote
Shares owned after
70,930 shares
Total direct holdings after the reported transaction
Key Terms
open-market purchase, weighted average price, Form 4
3 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"The shares reported in this Form 4 were purchased in separate transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SPCE director Diana Strandberg report?
Director Diana S. Strandberg reported buying 20,000 Virgin Galactic (SPCE) common shares in an open-market transaction. The Form 4 shows this was a direct ownership purchase, indicating she increased her personal stake in the company.
Was the SPCE insider transaction a buy or a sell?
The transaction was a buy. The Form 4 classifies it as an open-market purchase of 20,000 shares of Virgin Galactic common stock, with no shares reported as sold or disposed of in this filing.
What does the weighted average price mean in the SPCE Form 4 filing?
The weighted average price of $2.489 means multiple trades were executed between $2.485 and $2.49 per share. The average reflects the combined price across all those individual transactions, which the reporting person can detail upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
